Stock Market
GTCO Lists 36.4 Billion Shares on London Stock Exchange After Successful Offering
Guaranty Trust Holding Company Plc (GTCO) has secured admission to the Official List of the United Kingdom’s Financial Conduct Authority (FCA) and commenced trading on the London Stock Exchange’s (LSE) main market following the successful pricing of its primary equity offering.
In an official statement issued in Lagos on 9 July 2025, the Group announced that its entire issued share capital, totalling 36,425,229,514 shares, has been admitted under the equity shares category for international commercial companies’ secondary listing.
The milestone marks another strategic move in GTCO’s expansion plan and positions the holding company to access deeper global capital markets while enhancing its visibility among international institutional investors.
The company’s shares are now trading on the LSE’s main market under the ticker “GTHC.” GTCO also confirmed its intention to change the ticker to “GTCO” following the cancellation of its Global Depository Receipts (GDRs) listing to reflect its current corporate structure and branding.
Speaking on the development, Erhi Obebeduo, Group General Counsel and Company Secretary, said the successful listing reinforces GTCO’s commitment to transparency and international best practice, adding that the move supports the company’s capitalisation and growth objectives across its key markets.
The listing follows the Group’s continued transformation into a diversified financial services platform covering retail and corporate banking, asset management, and payments solutions.
Citigroup acted as the sole global co-ordinator for the transaction.
The London listing is expected to broaden GTCO’s investor base, boost liquidity, and strengthen its capital position as the Group pursues strategic growth across Africa and beyond.